Posted on | March 7, 2013 | No Comments
Copper price trends and Market Session News Review mid-day March 7, 2013:
Copper price trends have been pressured recently as demand for the industrial metal has dropped lower on a global scale. May contract copper price finished the last full trading session in the red once again. Price for May Copper dropped lower last session by .63 percent, negative .022, to post a floor price close at 3.49 per pound.
Price trend-line for Copper is negative when viewed from a greater perspective as well. Copper price trend-line is negative by approximately 7.6 percent according to one year price change analysis. Copper price trend-line is negative by approximately 7.6 percent according to one month price change review at this time.
Today, as the trading session reached the mid-day mark, copper price was tracking higher for the first time this week
Today’s Copper price per pound contract review mid-day March 7, 2013:
May contract copper price was higher by .66 percent at a posted floor price of 3.52 per pound as of the mid-day mark.
Spot copper price per pound trend review mid-day March 7, 2013:
Mid-day spot copper price was higher at 3.51 per pound as of the mid-day mark.